Interesting comment on the St Barbara quarterly conference call about being in discussion of potential toll treatment with others. Originally the Gwalia underground was targeting an increase in ore tonnes from the current ~700ktpa to some thing closer to the mill capacity of 1.1Mtpa. I think something closer to 800-900ktpa is likely though for at least the next 12 months.
Ulysses appears to be well placed to be able to fill the mill gap at Gwalia. Of course St Barbara has ample financial capacity to digest Genesis as a whole but not sure how likely that is until SBM has a good feel for how much extra ore they can get out of Gwalia.
M & A Target, page-21
Add GMD (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
$2.27 |
Change
0.040(1.79%) |
Mkt cap ! $2.561B | |||
| Open | High | Low | Value | Volume |
| $2.30 | $2.31 | $2.24 | $3.480M | 1.527M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 22 | 87329 | $2.27 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.28 | 61232 | 49 |
View Market Depth
| Last trade - 15.56pm 15/11/2024 (20 minute delay) ? |
| GMD (ASX) Chart |